Income properties for sale
5151 - 5159, Rue Foster, Waterloo
$849,000
$849,000
Income properties for sale
5151 - 5159, Rue Foster, Waterloo
Features
Use of property
Residential, Commercial
Year built
1930
Building area (at ground level)
2,016 sqft
Lot area
5,989 sqft
Parking (total)
Driveway (8)
Number of units
Residential (8), Commercial (2)
Residential units
8 x 3 ½
Potential gross revenue
$56,832
Description
Magnificent income property located in downtown Waterloo, close to all services and amenities. Comprised of 2 commercial premises and 8 residential 3 1/2 units. Annual income of $53,832. Good income optimization potential. The building has been meticulously maintained over the years and was partially renovated in 2015-2016. The taxable portion of the sale will be 22%.
Centris No. 16203365
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $71,900 |
| Building | $425,000 |
| Total | $496,900 |
| Taxes | |
|---|---|
| Municipal (2023) | $13,239 |
| School (2024) | $432 |
| Total | $13,671 |
| Expenses | |
|---|---|
| Electricity | $1,392 |
| Snow removal | $506 |
| Total | $1,898 |
See all financial details